Home Depot: US credit card firms slow to upgrade security
Visa and MasterCard are using security measures prone to fraud, putting retailers and customers at risk of hacking attacks by cyber thieves, The Home Depot Inc. says in a new federal lawsuit.
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Articles
As Koch brothers cling to Madoff cash, a new legal battle arises
Billionaire brothers Charles and David Koch have made plenty of good business decisions over the years. Placing millions of dollars with Ponzi-scheme mastermind Bernard Madoff may have been one of them.
Judge orders release of documents in Trump University suit
A federal judge with connections to Indiana is ordering the release of Trump University internal documents in a class-action lawsuit against the now-defunct real estate school owned by presumptive Republican presidential nominee Donald Trump.
Madoff sons’ fight over cash endures long after their deaths
The trustee unwinding Bernard Madoff’s Ponzi scheme is losing patience with the estates of the con man’s dead sons.
Indiana gets $9.2M in Wyeth Medicaid fraud settlement
Indiana’s Medicaid program will recoup $9.2 million from a drugmaker that underpaid rebates the state was owed for prescription drugs, Attorney General Greg Zoeller’s officer said in a news release Friday.
Ex-lawyer who lied to lenders in Maxim deal gets prison time
A former lawyer at Bryan Cave LLP was sentenced to six months in prison for lying to lenders as part of a failed scheme to buy Maxim Magazine through impersonation, a false email and stolen money.
Attorney: NCAA also deserves blame in UNC fraud scandal
An attorney representing two ex-University of North Carolina athletes says the school and Indianapolis-based NCAA are both responsible for UNC's long-running academic fraud scandal that he says denied athletes a quality education.
Lawyer in massive disability fraud case could be released
Eric C. Conn, the Kentucky lawyer accused of conspiring to defraud the government of $600 million in questionable federal disability payments, could be released from jail pending trial.
Patriots fans sue NFL over team’s ‘Deflategate’ punishment
A group of New England Patriots fans have sued the NFL in an effort to recover the first-round draft pick taken from the team as punishment for the "Deflategate" scandal.
Former Madoff aides claim race-baiting in conviction appeal
Five former Bernard Madoff employees who were convicted of aiding the con man’s $17.5 billion fraud asked for a new trial, arguing that the lead prosecutor, who is black, improperly alluded to race when he asked the mostly minority jury to have the “courage” to convict.
COA: Contract can be rescinded after land misrepresented
The Indiana Court of Appeals found a rental company could rescind its purchasing contract for a tract of land after the company that owned the land misrepresented it to the buyer.
‘Quasi-contract’ not enough in fraud suit
The 7th Circuit Court of Appeals said a “quasi-contract” was not enough to pursue damages in a fraud case where one additive was unknowingly substituted for another.
7th Circuit affirms $34.2M in fraudulent transfer case
The 7th Circuit Court of Appeals upheld a ruling from the Southern District of Indiana that a company needs to pay $34.2 million for a crop-insurance business it bought and later sold to other companies it also controlled.
7th Circuit dismisses appeal due to waiver
The 7th Circuit Court of Appeals dismissed a man’s appeal of his 21-month sentence and three years of supervised release because he waived his right to appeal in district court. Circuit Judge David Hamilton said the court didn’t see any reason to overlook the waiver.
Walton sentenced to 9 years for role in Indy Land Bank scheme
Reggie Walton, the former director of the Indy Land Bank, was sentenced Monday to nine years in federal prison for his role in a scheme in which he received kickbacks for fraudulently directing the sale of abandoned or tax-delinquent properties.
Federal court rejects convicted financier’s sentence appeal
A federal appeals court has rejected a former Indianapolis businessman's bid to shorten his 50-year sentence for defrauding investors of $200 million.
Indiana AG sues 3 companies in alleged tax-sale scheme
Indiana is suing three out-of-state companies for allegedly orchestrating a scheme that bilked dozens of state residents out of millions of dollars after their homes were sold in tax sales.
Former Indy developer going back to prison for a year
Former Indianapolis developer Sydney “Jack” Williams avoided legal disaster six years ago when prosecutors concluded he was an unwitting participant in a Miami fraudster’s $930 million Ponzi scheme.
Attorney general sues ex-Gary employee over fraud scheme
Indiana Attorney General Greg Zoeller has filed a lawsuit in Lake County against a former city of Gary employee who he says used her former position in the information technology department to defraud the city of nearly $1.4 million.
GM accuses ignition-switch trial plaintiff of dream-house fraud
An Oklahoma man suing General Motors Co. in the first trial over a deadly ignition switch flaw lied to the jury about his family’s eviction from its “dream house” after he committed fraud against a real estate agent, the company says.